Kampala, October 17, 2018 – The Ministry of Trade, Industry and Cooperatives, with support from the United Nations Development Programme (UNDP) and other stakeholders in the Industrial Sector, has held the first validation workshop for Uganda’s draft National Industrial Development Policy.
The validation was intended to share with various stakeholders from various sectors the new draft policy which the Ministry has been developing since last year – 2017. The new policy will guide Uganda’s Industrialisation agenda for the next ten years.
Speaking at the workshop, Hon. Amelia Kyambadde, the Minister for Trade, Industry and Cooperatives Industrialisation is critical for Uganda’s socio-economic development.
“The draft of the new policy which are validating today comes on the heels of the first National Industrial Policy, 2008 which was developed as a framework for Uganda’s transformation, competitiveness and prosperity, “Hon. Kyambadde said.
During the ten years of its implementation a number of bills and policies were developed to guide its implementation including the National SME Policy 2015, National Grain Trade Policy 2015 and Packaged Water Policy, 2015 as well as the passing of Uganda National Bureau of Standards (UNBS) Act (Amendment 2013) and Uganda Development Corporation (UDC) Act 2015 – all of which are important for ensuring production of quality products.
“The new policy will therefore address new challenges including lowering the cost of manufacturing, widening the manufacturing base while lowering the cost of industrial finance among others,” Hon. Kyambadde added.
Ms. Almaz Gebru, the UNDP Country Director called for Uganda to avoid the mistakes of the developed economy as it works on a new industry policy by ensuring that its embraces green industrialisation.
“I am glad that the Government of Uganda, in partnership with UNDP and the United Nations Environment Programme (UNEP) took cognizant of this reality by developing the Uganda Green Growth Development strategy which can guide us in ensuring that while we industrialise, we protect our environment and use our natural resources in a sustainable manner,” Ms. Gebru said.
She also called on the Ministry to tap into Uganda’s existing resources as it industrializes, these resources include its large agriculture sector which needs value addition so that it can contribute further to economic growth.
Ms. Gebru added the policy should also look at how to tap in the potential of the African market which is now made up of one billion people whose demand for various products continues to grow due to rapid urbanisation.
She thanked the Ministry and her officials for placing their trust in UNDP to support the process of developing the new policy and reiterated UNDP’s commitment to supporting the Government to implement the policy when it’s finalised.
Various stakeholders from government ministries, departments and agencies, private sector, development partners as well as civil society organisations called on Government to ensure proper implementation of the policy once it’s finalised so that it can provide the much needed employment opportunities for the Country’s young population as well as spur economic growth.
The ten year policy is being developed along with a 5-year National Industrial Development Strategic Plan, both of which will provide the strategic direction for industrial development in Uganda and bring about the required transformation that will propel Uganda to a modern and prosperous country by 2040.